Bitcoin options open interest drops 33% to $34.86B, calls dominate
- —Bitcoin options OI at $34.86B, down 33% in 24 hours
- —Calls make up 62.69% of OI, puts 37.31%
- —24-hour options volume at $4.58B, calls 55.96%
- —Largest OI cluster: $95,000 call expiring Oct 30 on Deribit
Why it matters: The call-heavy positioning signals traders still lean bullish on bitcoin over the medium term despite the sharp drop in open positions.
Source: TokenPost